Kohnan Shoji announces restricted stock compensation plan

Kohnan Shoji announced the disposal of 3,700 treasury shares as part of a restricted stock compensation plan for six of its directors (excluding external directors). The disposal price is set at JPY 3,720 per share, totaling JPY 13,764,000, and will be executed via third-party allocation. The allocation date is scheduled for July 15, 2025. The measure aims to enhance alignment between management and shareholder interests, fostering sustainable corporate value. The shares are subject to transfer restrictions, generally until the executive retires or otherwise leaves their position at the company.